May 20, 2024 12:17 am
Marvell Technology Inc’s (MRVL) Stock Increases by 1.96%

On Wednesday morning, Marvell Technology Inc (MRVL) experienced a 1.96% increase in pre-market trading, bringing its stock price to $69.6. The short-term technical score for MRVL is 67, indicating that the stock has traded more bullishly than 67% of other stocks on the market over the past month.

In the Semiconductors industry, which is ranked 85 out of 146 industries, MRVL ranks higher than 74% of stocks. Over the past month, MRVL has risen by 1.01%, closing at $67.54 on February 28. During this time, the stock reached a low of $65.06 and a high of $85.76.

The average analyst recommendation for MRVL is Strong Buy, with an average price target of $87.78. With an Overall Score of 50, Marvell Technology Inc continues to show positive signs of growth and could be a valuable investment opportunity for those looking to diversify their portfolio in the tech industry. Stay informed on the latest rankings and updates regarding MRVL to make informed investment decisions

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